Binance.US users no longer able to withdraw dollars to bank account, stablecoins required

Binance.US Halts Direct Dollar Withdrawals

U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.

https://www.coindesk.com/policy/2023/10/17/binanceus-halts-direct-dollar-withdrawals/

Cutting off withdrawals to banks can be especially problematic for beginners. This means if a user needs dollars in their bank account ASAP, they have to move their stablecoins or other crypto to another exchange, sell there, and then withdraw. That's a lot of hoops to jump through.